FGR 0.00% 4.5¢ first graphene limited

Ann: Quarterly Activities Report June 2020, page-46

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  1. 601 Posts.
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    “As we all know money talks and with BHP & RIO already on the books for their first order“

    Just to clear things up a bit here regarding the bucket liners.

    You realise we don’t have BHP and RIO on the books? We are not selling anything direct to these mining companies.

    What is happing, is.. FGR is supplying/selling our PureGraph product to NewGen who in turn is dealing with and supplying their PureGraph enhanced bucket liners to the interested mining companies for a trial to see if they work and are happy to have in there day to day mining operations.
    When we see announcements made via the ASX regarding progress of the bucket liners it’s information passed down from NewGen to FGR who then creates the Announcement.
    FGR has just stated in the qrtly the bucket liners that are currently being trialed are being left in service for another 10 weeks starting the end of June.

    Not having a go at you, only trying to make it clear how it’s structured as it appears to be a bit of a misunderstood topic.
 
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